Web3: The YGG Way 2023

Web3: The YGG Way 2023

Play-To-Earn Games News, P2E Games News | 13 May 2023 13:38 UTC

Learning Web3 Skills and Knowledge: The YGG Way

The internet we know has revolutionized the world by penetrating everywhere. We have changed the way we conduct our day-to-day business. Moreover, the way we collaborate, communicate, and connect with people and businesses around the world is a big example of the impact Web2 has on us. However, we live in Web2 surrounded by the internet that is in the hands of only a handful of corporations. So, the centralization of the internet makes us dependent on a few powerful and influential people in the world. On the contrary, its successor Web3 is more immersive, decentralized, and inclusive. It offers decentralization in a way where an average citizen will have ownership and participation rights in the ecosystem.

Although blockchain technology has been in existence for more than ten years, the Web3 movement is still in its nascent phase. The movement saw more followers when Decentralized Finance, also known as DeFi, gained momentum. People from different parts of the world began experimenting with newly launched platforms. The idea was to reinvent some of the financial primitives of the traditional financial system using this innovative technology.

Despite its challenging user experience, the DeFi ecosystem was open to all individuals regardless of their gender, geographic location, or socioeconomic status. But how come people acquired and learned about Web3 skills despite its complexities? Especially, when there is no formal education about Web3 in schools, colleges, and universities, how did people learn about it?

How did the Phillippines acquire Web3 Skills?

The Phillippines is a prime example in this case.

Blockchain games were among the applications that provided a fun way to learn about the system without requiring any prior knowledge of financial primitives.

This led to an unexpected adoption phenomenon in the Phillippines. Individuals in rural areas of the Philippines, who were under lockdown and out of work during the COVID-19 pandemic, turned to blockchain games. They adopted it as a means to generate income and become owners of digital assets.

As a result, these individuals acquired various essential Web3 skills and transformed into proficient users of the technology. As of now, the Philippines holds the second rank on the Chainalysis 2022 Global Crypto Adoption Index. It is among the top three countries worldwide with the most number of users of the MetaMask Ethereum wallet.

This information indicates that blockchain games have served as effective entry points to Web3, enhancing accessibility for those who can reap the most benefits.

The amalgamation of video games and cryptocurrencies has propelled us towards remarkable progress in the finance industry's future. It will lead to the emergence of completely new virtual economies in the open metaverse and create new employment opportunities.

Learning Web3 Skills The YGG Way

Yield Guild Games (YGG) is one of the most extensive Web3 gaming guilds. It allows its members to assume roles within the organization without seeking permission. All they need to do is create their YGG Guild Badge, which is a non-fungible token (NFT) representing their membership in the guild. With this badge, they can take part in a number of community-led projects and programs that support YGG's mission as a whole.

As guild members make individual advancements, they receive extra NFT badges that acknowledge their accomplishments and reward their hard work. For instance, a guild member may earn an NFT badge for creating informative content, representing the guild in a Web3 e-sports event, or completing a course offered by Web3 Metaversity, a YGG and Nas Academy initiative.

YGG Metaverse Resume

YGG refers to this as the 'metaverse resume.' Unlike conventional resumes on platforms such as LinkedIn, where individuals can choose what to include about their experiences and accomplishments. These NFT badges are issued by a credible organization and recorded on the blockchain for transparency and provenance.

As a result, they serve as a permanent, verifiable, and entirely decentralized representation of an individual's digital identity and reputation. Additionally, the recipient retains control of these NFT badges in their personal wallet, and they are not held by YGG or any platform we own. Therefore, guild members have full ownership of these digital assets and can even become part-owners in our organization.

When combined with other digital assets that individuals hold, these markers of reputation produce an impartial portrayal of an individual's background, accomplishments, and associations.

In the future, the metaverse resume may have the potential to replace existing identification systems. Moreover, it will integrate with other applications to access a variety of on-chain services connected to creating, trading, and communicating.

Practical Benefits

This is significant because verifying identity and demonstrating a positive reputation has been a challenge in certain areas. Such as in the Philippines, where there is a humorous saying that you require a legitimate ID to obtain another legitimate ID.

Filipinos encounter difficulties regarding the issuance, presentation, sharing, protection, and validation of a variety of credentials and qualifications for different uses. Consequently, the system is full of administrative inefficiencies and bureaucratic obstacles that have led to the emergence of intermediaries and counterfeiters who function as gatekeepers, imposing privilege, exploiting weaknesses, and determining the right to engage in society.

Play to Earn Games News

Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You'll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games.

Check out our Top Games and game lists to discover the best play-to-earn games. And don't forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you'll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

In other news:

Bubblefong Friends is a game service that combines the classic arcade puzzle games with the casual bubble shooter and battle royale game styles. The gameplay is inspired by the renowned Pinkfong Company's Pinkfong Wonderstar and Baby Shark partner characters, and the game offers a competitive experience that engages players of all ages.

In Bubblefong Friends, players can enjoy playing with their favorite Pinkfong Baby Shark characters and immerse themselves in the story and world of Baby Shark. The game offers a unique gameplay experience that is a combination of the classic arcade puzzle games and battle royale game styles.

Bubblefong Friends gameplay is globally renowned for its exciting gameplay and fun mechanics. Players can enjoy playing Baby Shark Bubblefong Friends and experience the thrill of competing against each other in real-time battles. The game also features various courses of playing Baby Shark Bubblefong Friends, including timed challenges, puzzle modes, and more.

The Pinkfong Company's Pinkfong Wonderstar and Baby Shark partner characters are popular among kids and adults alike, and the game offers a unique opportunity to play with these beloved characters in a new and exciting way. The game also offers a range of competitive game modes, making it a fun and engaging experience for all players.

In conclusion, Bubblefong Friends is an innovative game that combines the classic arcade puzzle games with the casual bubble shooter and battle royale game styles. With the inclusion of Pinkfong Wonderstar and Baby Shark partner characters, the game offers a unique experience that engages players of all ages.

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web3, blockchain gaming, YGG, Web3 skills
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